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Experts say ‘uncertainty could stall housing market’ as BoE raises rate to 4.5%

By 2023-05-11T13:17:00

Bank of England

Source: Shutterstock/ ZGPhotography

The Bank of England’s Monetary Policy Committee (MPC) has voted by a majority of 7–2 to increase the bank rate to 4.5%, causing concerns about uncertainty in the property market.

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